Aro Granite Industries Limited · NSE:AROGRANITE
Aro Granite Industries — Q2 FY2019 Earnings Presentation
24 slides from Aro Granite Industries's earnings presentation, November 2018
Slide 1: Investor Update – For the Quarter Ending 30 September 2018
Investor Update – For the Quarter Ending 30 September 2018 November 2018
Slide 2: Disclaimer
Disclaimer Certain statements in this communication may be considered as ‘forward looking statements’ within the meaning of applicable law and regulations. These forward-looking statements involves a number of risks, uncertainties and other factors that could cause actual results to differ materiall
Slide 3: Company Snapshot
Company Snapshot SEZ Started commercial Largest processed Granite 100% export oriented, Special Economic Zone Unit operation in 1991 exporter out of India located at Hosur, Located in Mahinda World Tamil Nadu City, Jaipur Installed capacity Supply of over 100 Export to more Granite Slab: Listed on N
Slide 4: Indian Granite Industry
Indian Granite Industry 20% 66% 97% $2.62Bn 9% Statewise Granite Reserves Accounts for Has more than 97% of the Market size Accounts for Madhya Others 20% of the 66% of around total granite approximately more than 9% Karnataka Pradesh % 13% 4 20% world’s granite 300 shades resources are $2.62 bn. of
Slide 5: Indian Granite Industry
Indian Granite Industry Finished Stones Internal Use of Stone In India (mn. Tons) India exported 6.8mn. tons of Raw stones in 2014 against Raw 2.3mn. tons of Finished stones Stones USA is largest market for Finished Indian granite, 25% of the total granite were exported to USA Large players finished
Slide 6: Our Infrastructure
Our Infrastructure Slab Plant Tile Plant Jumbomatic Gang saws 12 53 Blade cutting Centre 4 72 Wire Multi Wire Saw 1 Topping Centre 1 20 Head Polishing Line 3 Calibration Line 1 12 head Grinding line 1 Epoxy line 1 Flaming machine 1 20 Head Polishing line 1 Epoxy lines 3 Cross cutting machine 4 Cleft
Slide 7: Production Process
Production Process Blocks from Sawing of Grinding & Polishing Quarry Blocks Epoxy 7
Slide 8: HOSUR – Slabs
HOSUR – Slabs • 12 super Jumbo Matic Gangsaws • 1 x 72 wire Multi Wire • Processing Over 100 colours of Granite and Quartzite • From India, Norway, Brazil, Finland, Africa, Ukraine and Iran 8
Slide 9: HOSUR – Gangsaws & Multi Wire Cutter
HOSUR – Gangsaws & Multi Wire Cutter • 12x Super Jumbo Gangsaws (4.5m) • 1x Multi Wire (72 wire) • Suited for Cutting Most Granites • Suited for Fragile Granites, Quartzites and Special Colours 9
Slide 10: HOSUR – Tiles
HOSUR – Tiles • 4nos Multi Blade Block Cutting Centres • Calibrated and Chamfered tiles • Over 25 years in experience in tile In 10mm, 13mm, In 13mm, 15mm 15mm, 20mm and Special Sizes and 20mm 30mm 305 x 305 mm 400 x 800 mm 305 x 610 mm 600 x 600 mm 600 x 900 mm 400 x 400 mm 610 x 610 mm 600 x 1200
Slide 11: HOSUR - Ware House / Showroom
HOSUR -Ware House / Showroom 11,000 square metres of Display Space 1 1
Slide 12: Finished
Finished • Polish Finish • Honed / Matt Finish • Leather Finish • Caress Finish / Lappato • Flamed and Brushed • Cleft Finish • Flamed and Brushed with Nero + Nero 1 Only for Black Materials 2
Slide 13: Cut To Size
Cut To Size • 2 Nos GMM Intra CNC • Capacity of 30 containers per month • 5 Axis, with 370 degree range • Cut from CAD 1 3
Slide 14: 1
1 4
Slide 15: Financial Performance
Financial Performance Particulars In Rs. Cr Q1 FY18 Q2 FY18 Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Sales 55.25 50.56 45.74 49.18 43.75 41.94 Operating Exp 51.80 47.37 42.29 45.48 38.15 37.38 EBITDA 3.45 3.19 3.45 3.70 5.60 4.56 PAT 0.31 0.37 0.14 0.35 1.54 0.53 EBITDA Margins (in %) 6.24 6.31 7.54% 7.52% 1
Slide 16: Financial Highlights
Financial Highlights Sales Decreased by 17.05 % From 50.56 Crores in Q2 FY2017-18 to 41.94 Crores in Q2 FY2018-19 EBITDA Increased By 42.95 % From 3.19 Crores in Q2 FY2017-18 to 4.56 Crores in Q2 FY2018-19 PAT Increased By 43.24 % From 0.37 Crores in Q2 FY2017-18 to 0.53 Crores in Q2 FY2018-19
Slide 17: Financial Overview (Quarterly)
Financial Overview (Quarterly) Revenues Figures in INR Cr. EBITDA Figures in INR Cr. 60.00 55.20 50.60 10.00 45.74 49.18 43.75 41.94 8.00 45.00 6.00 3.50 5.60 3.20 30.00 4.56 4.00 3.45 3.70 15.00 2.00 0.00 0.00 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Profi
Slide 18: Financial Overview (Quarterly)
Financial Overview (Quarterly) Sales Volume (Square Meters) Figures in Lakh Sqm. Raw Material Consumption (Cubic Meters) Figures in ‘000 4.00 10.00 8.00 3.00 6.00 5.00 4.90 2.00 4.03 3.99 1.57 1.48 1.27 1.38 4.00 3.33 3.21 1.20 1.18 1.00 2.00 0.00 0.00 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q1FY1
Slide 19: Financial Overview (Annual)
Financial Overview (Annual) Revenues Figures in INR Cr. EBITDA Figures in INR 45 300 38.90 260 260 239 33.80 216 30.70 225 188 201 30 25.00 21.10 150 13.78 15 75 0 0 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 Profit After Tax Figures in INR Cr. Debt to Equity
Slide 20: Sales Breakup FY2018
Sales Breakup FY2018 Top Countries Segments USA 117%% 19% Tiles 16% Others 45% 15% Poland 815%% 85% 84% Germany Austria Italy Australia87% 4% Slabs 6% 6% 20
Slide 21: Jaipur
Jaipur • A Plant in Jaipur with One (72 wire) Multi • The Plant is expected to start commercial Wire is being set up production in Q2 FY 2019-20 • The Plant Capacity is 150,000m² per Annum • Ideally located to take advantage of transportation from Quarries • The Plant is being set up in Mahindra SEZ
Slide 22: Outlook
Outlook The operating environment for the granite industry in India has been challenging Due to non availability of refunds for exports on time, GST created shortage of working capital which in turn impacted business India granite exporters are facing competition from engineered stone in USA.
Slide 23: Corporate Social Responsibility and The Aro Charitable Trust
Corporate Social Responsibility and The Aro Charitable Trust The Rural Health Center located near the Hosur plant, provides free basic healthcare and free basic medicines to over 1,200 patients every month 2 3
Slide 24: For any further information, please contact
For any further information, please contact Sabyasachi Panigrahi Gaurav Sud Aro granite industries ltd. Kanav Capital Advisors Pvt. Ltd. sabyasachi@arotile.com gaurav@kanavcapital.com +91 11 41686169 +91 98101 22432 Registered Office: #1001, I0th Floor, DLF Tower A, Jasola , New Delhi - 110 025. (IN
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